James Hardie Industries (JHX) to Release Quarterly Earnings on Tuesday

James Hardie Industries (NYSE:JHX) is anticipated to post its quarterly earnings results after the market closes on Tuesday, February 18th. Analysts expect James Hardie Industries to post earnings of $0.35 per share and revenue of $965.54 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

James Hardie Industries (NYSE:JHX) last issued its earnings results on Tuesday, November 12th. The construction company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. James Hardie Industries had a return on equity of 35.93% and a net margin of 11.16%. The business had revenue of $960.80 million for the quarter, compared to analyst estimates of $973.49 million. During the same quarter last year, the company earned $0.41 EPS. The business’s quarterly revenue was down 3.8% on a year-over-year basis. On average, analysts expect James Hardie Industries to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

James Hardie Industries Price Performance

Shares of NYSE JHX opened at $33.38 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.50 and a current ratio of 2.02. James Hardie Industries has a fifty-two week low of $29.88 and a fifty-two week high of $43.57. The firm has a market capitalization of $14.34 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 4.92 and a beta of 1.81. The stock’s 50-day simple moving average is $33.01 and its 200-day simple moving average is $34.59.

Analyst Upgrades and Downgrades

Several research analysts have commented on JHX shares. JPMorgan Chase & Co. raised James Hardie Industries from a “neutral” rating to an “overweight” rating in a research report on Wednesday, November 6th. Jefferies Financial Group reaffirmed a “buy” rating on shares of James Hardie Industries in a research report on Thursday, January 30th. StockNews.com lowered James Hardie Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, December 25th. Finally, Truist Financial began coverage on James Hardie Industries in a research report on Tuesday, December 10th. They set a “buy” rating and a $45.00 price target on the stock. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $45.00.

About James Hardie Industries

James Hardie Industries plc manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, and the Philippines. The company operates through North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products segments.